nirab

TAL1T Set For Weekly Breakout

Long
OMXTSE_DLY:TAL1T   TALLINK GRUPP
A good cup and handle pattern forming. Look for a weekly close above 0.72 and next significant resistance is at 0.97.

The technical is supported by fundamentals as the company has almost completed the post COVID turnaround. There has also been significant (300K EUR) buying from the supervisory board at 0.691.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.